Report Update Apr 1, 2024

Puerto Rico - Ultraviolet or Infrared Lamps and Arc Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Puerto Rico

The Puerto Rican market for ultraviolet or infrared lamps and arc lamps reduced remarkably to $X in 2021, with a decrease of -15.1% against the previous year. Overall, consumption saw a perceptible reduction. Puerto Rico consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Ultraviolet Or Infrared Lamps And Arc Lamps in Puerto Rico

In value terms, ultraviolet, infrared, or arc lamp production dropped to $X in 2021 estimated in export price. In general, production recorded a noticeable setback. The pace of growth appeared the most rapid in 2016 when the production volume increased by 83%. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports by Country

China represented the largest exporter of ultraviolet or infrared lamps and arc lamps in the world, with the volume of exports finishing at X units, which was approx. 47% of total exports in 2021. Germany (X units) ranks second in terms of the total exports with a 15% share, followed by Hungary (8.1%), Poland (7.4%) and Hong Kong SAR (0.7%). The following exporters - the United States (X units), the Netherlands (X units), France (X units), the UK (X units), Taiwan (Chinese) (X units) and Russia (X units) - each accounted for a 12% share of total exports.

Exports from China increased at an average annual rate of +1.5% from 2012 to 2021. At the same time, Russia (+20.2%), the UK (+8.9%), France (+5.8%), the United States (+5.3%), Poland (+4.9%), Taiwan (Chinese) (+4.1%) and Hungary (+4.1%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.2% from 2012-2021. By contrast, Germany (-4.2%), the Netherlands (-10.2%) and Hong Kong SAR (-27.0%) illustrated a downward trend over the same period. While the share of China (+7.9 p.p.), Poland (+2.8 p.p.) and Hungary (+2.7 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the Netherlands (-3.2 p.p.), Germany (-5.9 p.p.) and Hong Kong SAR (-10.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), China ($X) and the United States ($X) were the countries with the highest levels of exports in 2021, with a combined 54% share of total exports. Poland, Hungary, the UK, France, the Netherlands, Taiwan (Chinese), Hong Kong SAR and Russia lagged somewhat behind, together comprising a further 19%.

Poland, with a CAGR of +14.1%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports by Country

In 2021, the United States (X units), distantly followed by Germany (X units), China (X units), the UK (X units), India (X units) and Poland (X units) were the largest importers of ultraviolet or infrared lamps and arc lamps, together committing 43% of total imports. Russia (X units), Taiwan (Chinese) (X units), the Netherlands (X units), South Korea (X units), Indonesia (X units), South Africa (X units) and Vietnam (X units) took a relatively small share of total imports.

Imports into the United States increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Vietnam (+31.6%), Poland (+24.8%), South Africa (+24.3%), China (+15.5%), Russia (+12.5%), the UK (+7.3%) and India (+6.3%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of +31.6% from 2012-2021. By contrast, Indonesia (-1.9%), Germany (-2.6%), South Korea (-2.7%), the Netherlands (-4.9%) and Taiwan (Chinese) (-5.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Poland, Vietnam, South Africa, Russia, the UK and India increased by +4.3, +4.2, +2.8, +2.7, +2.3, +2 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ultraviolet, infrared, or arc lamp importing markets into Puerto Rico were the United States ($X), China ($X) and South Korea ($X), together accounting for 33% of total imports. These countries were followed by Germany, Taiwan (Chinese), Poland, the UK, the Netherlands, India, Russia, Vietnam, Indonesia and South Africa, which together accounted for a further 26%.

In terms of the main importing countries, Poland, with a CAGR of +18.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ultraviolet or infrared lamps and arc lamps in the world?

The countries with the highest volumes of consumption in 2021 were China, Hungary and the United States, together comprising 35% of global consumption.

What are the largest producers of ultraviolet or infrared lamps and arc lamps in the world?

China constituted the country with the largest volume of ultraviolet, infrared, or arc lamp production, comprising approx. 40% of total volume. Moreover, ultraviolet, infrared, or arc lamp production in China exceeded the figures recorded by the second-largest producer, Hungary, threefold. The third position in this ranking was taken by Germany, with an 8.9% share.

What are the leading suppliers of ultraviolet or infrared lamps and arc lamps to Puerto Rico?

In value terms, the largest ultraviolet, infrared, or arc lamp importing markets into Puerto Rico were the United States, China and South Korea, with a combined 33% share of total imports. These countries were followed by Germany, Taiwan Chinese), Poland, the UK, the Netherlands, India, Russia, Vietnam, Indonesia and South Africa, which together accounted for a further 26%.

What are the leading importers of ultraviolet or infrared lamps and arc lamps from Puerto Rico?

In value terms, Germany, China and the United States appeared to be the countries with the highest levels of exports in 2021, with a combined 54% share of total exports. Poland, Hungary, the UK, France, the Netherlands, Taiwan Chinese), Hong Kong SAR and Russia lagged somewhat behind, together accounting for a further 19%.

This report provides an in-depth analysis of the market for ultraviolet, infrared, or arc lamp in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27401570 - Ultraviolet or infrared lamps, arc lamps

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023